Answers

ZK

Answered

When country X imports goods from country Y,

A) only country X benefits.
B) only country Y benefits.
C) both country X and country Y benefit.
D) neither country X nor country Y benefit.

On Jul 06, 2024


C
ZK

Answered

Professional negligence extends beyond carelessness in carrying out duties but does not extend to statements made and information provided to clients.

On Jul 03, 2024


False
ZK

Answered

Mac Rowe doesn't sweat the petty stuff.In fact, he just cannot detect small differences.He consumes two goods, x and y.He prefers the bundle (x, y)to the bundle (x', y')if and only if (xy  x'y'  1).Otherwise he is indifferent between the two bundles.
a.Show that the relation of indifference is not transitive for Mac.(Hint: Give an example.)
b.Show that the preferred relation is transitive for Mac.

On Jun 06, 2024


a.Consider the bundles A  (1, 1), B  (1, 1.75), and C  (1, 2.5).Then A is indifferent to B and B to C, but C is preferred to A.
b.To see that strict preference is transitive, suppose we have any three bundles, (x, y), (x', y')and (x'', y'').If the first is preferred to the second and the second to the third, then xy  x'y'  1 and x'y'  x''y''  1.Simple algebra shows that xy  x''y''  1.Therefore the first must be preferred to the third.
ZK

Answered

A public nuisance occurs when a person uses her property in an unreasonable manner that harms a neighbor's use or enjoyment of his property.

On Jun 03, 2024


False
ZK

Answered

Legal protections against competitors producing and selling a product identical to the one you invented are called _________;legal protections against competitors using your product's name are called __________.

A) patents;trademarks
B) trademarks;copyrights
C) copyrights;patents
D) trademarks;patents

On May 07, 2024


A
ZK

Answered

Refer to Carlaura's Creamery. Laura should know that although time consuming, ________is one the best ways to persuade people to embrace the proposed change and overcome their resistance.

A) education and communication
B) to treat it like business as usual.
C) coercion
D) manipulation
E) co-optation

On May 04, 2024


A